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Mathematics, 06.05.2020 17:57 genaro19

Ann and Tom want to establish a fund for their grandson's college education. What lump sum must they deposit at a 9% annual interest rate, compounded monthly, in order to have $50000 in the fund at the end of 10 years?

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Ann and Tom want to establish a fund for their grandson's college education. What lump sum must they...
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